Protect Your Future Today
It’s no secret that central banks have been large buyers of gold over the past few years. Last year nearly set a record for gold purchases by central banks and the trend looks set to continue this year. But those central banks who already own gold are increasingly looking...
One of the keys to the mainstream’s faith in the financial system is the belief that the Federal Reserve is actually capable of managing interest rates. The Fed eases policy to lower interest rates and tightens policy to raise interest rates. But what happens if the Fed loses control...
Last Friday saw a stronger than expected headline GDP figure, with economic growth coming in at an annualized rate of 3.2%. That was well above estimates but, as with any other rosy economic data, pulling back the curtain to get a closer look at what’s behind it demonstrates that...
How much money does the US government owe? If you answered $22 trillion, you’re right… but only partially so. The national debt is hovering at around $22 trillion, a staggering figure of itself, and one that exceeds the nation’s entire economic output. But that’s not the full amount the...
Stock market bulls in the financial media love to tout high stock prices as proof that the economy is doing well and that good times will continue indefinitely. But while high stock prices (and the amazing volatility of the past year) have benefited many traders on Wall Street, they...
If you’ve read Federal Reserve press releases over the past decade, one thing that the Fed constantly drones on about is how low inflation is. The Fed wants to target a 2% annual inflation rate and is always complaining that inflation is running lower than that target. The folks...
Read any of the mainstream financial media commentary about gold and you’ll likely hear that gold is a horrendous investment that doesn’t make any gains and doesn’t provide investors with any growth in wealth. But that attitude is most often coming from pundits who made great gains in the...
The United States economy is currently faced with a debt bubble of epic proportions. But the most insidious thing about it may not be just its size, but rather how few people are even aware that it exists. The massive debt bubble, fueled both by the federal government and...
The numbers aren’t looking good for international trade. Industrial production, exports, and imports are all falling around the world. While President Trump gets a significant portion of the blame for that from the mainstream media, the fault isn’t entirely his. Yes, tariffs on Chinese and European goods have exacerbated...
